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Mobile Apps Are Challenging TV In A Way The Web Never Did

Source: http://www.businessinsider.com/mobile-apps-television-time-spent-2012-12

TV and tablet

A new study by Flurry, a mobile-analytics company, shows that usage of mobile apps is rapidly catching up with television.

Flurry CEO Simon Khalaf reports that the company has tracked a total of a trillion “events”—actions inside apps like finishing a game level or making a restaurant reservation. Those numbers have grown exponentially in the past two years.

All those taps and swipes translate to a significant amount of usage. 

In the US, time spent on the Web has stagnated at 70 minutes per day. Television watching has grown slightly, from 162 minutes to 168 minutes. But app usage has almost doubled from 66 minutes to 127 minutes a day. At current growth rates, it should catch up with television within a year.

Flurry Web vs. app time spent

This isn’t necessarily bad for television content producers, Khalaf notes, who are increasingly adapting their shows to be watched alongside a tablet or smartphone—the “second screen” phenomenon.

“We believe that, with the introduction of connected TVs, TV shows will behave like apps,” he writes.

Flurry’s results match what other observers are saying, like Kleiner Perkins Internet expert Mary Meeker.

But as Peter Kafka of AllThingsD points out, the explosion of mobile usage doe! sn’t nec essarily mean a mobile-ad bonanza.

And since we’re not getting more hours in the day, it’s pretty clear that the increased usage of apps must be happening simultaneously with other activities—like, yes, watching television.

SEE ALSO: Mary Meeker’s Latest Must-Read Presentation On The State Of The Web

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Tuesday, December 4th, 2012 news No Comments

Mastercard previewing smartphone web payment system with in-person security strength

Source: http://www.engadget.com/2012/11/07/mastercard-previewing-smartphone-internet-payment-system/

Mastercard previewing EMV internet smartphone payment system with NFCstrength security

Mastercard is already a big fish in the still tiny NFC contactless payment pond, and now it wants to take that same technology to a veritable ocean — internet sales. The plastic purveyor is tag-teaming with ING in the Netherlands for PayPass-based smartphone internet payments that would have a “comparable level of security” to bricks and mortar purchases — by transmitting an EMV-compliant cryptogram or QR code to merchants. That would theoretically make online shopping less risky, and the system would also allow coupons and vouchers to be applied, giving a “similar user experience in both the physical and digital world.” The Dutch trial has already started and will continue until early 2013, but there’s no word if new users can still jump in — check the PR after the break to read the tea leaves for yourself.

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Mastercard previewing smartphone web payment system with in-person security strength originally appeared on Engadget on Wed, 07 Nov 2012 10:03:00 EDT. Please see our terms for use of feeds.

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Wednesday, November 7th, 2012 news No Comments

Mastercard previewing smartphone web payment system with in-person security strength

Source: http://www.engadget.com/2012/11/07/mastercard-previewing-smartphone-internet-payment-system/

Mastercard previewing EMV internet smartphone payment system with NFCstrength security

Mastercard is already a big fish in the still tiny NFC contactless payment pond, and now it wants to take that same technology to a veritable ocean — internet sales. The plastic purveyor is tag-teaming with ING in the Netherlands for PayPass-based smartphone internet payments that would have a “comparable level of security” to bricks and mortar purchases — by transmitting an EMV-compliant cryptogram or QR code to merchants. That would theoretically make online shopping less risky, and the system would also allow coupons and vouchers to be applied, giving a “similar user experience in both the physical and digital world.” The Dutch trial has already started and will continue until early 2013, but there’s no word if new users can still jump in — check the PR after the break to read the tea leaves for yourself.

Continue reading Mastercard previewing smartphone web payment system with in-person security strength

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Mastercard previewing smartphone web payment system with in-person security strength originally appeared on Engadget on Wed, 07 Nov 2012 10:03:00 EDT. Please see our terms for use of feeds.

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Wednesday, November 7th, 2012 news No Comments

2 million more streaming subscribers worldwide, $8 million net income

Source: http://www.engadget.com/2012/10/23/netflix-announces-q3-2012-earnings-two-million-more-subscribers/

Netflix saw a return to profitability and more than half a million new US subscribers in the second quarter of this year, and it’s now announced that it’s added a full two million more streaming members worldwide for the third quarter. That brings the company’s global base of streaming subscribers to 29 million, 25.1 million of which are in the US. It’s also announced another bump in profits to $8 million in net income, with global revenue of $905 million. It’s unsurprisingly a different story when it comes to DVD subscriptions in the US, however, with the company reporting a drop from 9.24 million total subscribers in Q2 to 8.61 million in Q3.

In terms of usage, Netflix says that its streaming members have now consumed over three billion hours of content, and that TV shows now account for about two thirds of that viewing activity. The company has also reiterated its commitment to original programming in its letter to shareholders, although it notes that commitment comes with some front-loaded expenses that will result in negative free cash flow for the next “several quarters” beginning with Q4. The company further adds that it believes “investment in originals is wise, and we will evaluate the performance of the slate next year to determine at what level we should fund additional original.” You can find the full letter and all the numbers at the source link below.

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Netflix Q3 2012 earnings: 2 million more streaming subscribers worldwide, $8 million net income originally appeared on Engadget on Tue, 23 Oct 2! 012 16:1 0:00 EDT. Please see our terms for use of feeds.

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Tuesday, October 23rd, 2012 news No Comments

This Photo Shows Exactly Why You Should Be Skeptical Of Psychology Research

Source: http://www.businessinsider.com/why-psychology-research-is-unreliable-2012-10

One of the biggest problems in the world of science is researcher bias.

More transparency is needed across the board, say Joseph Simmons and Uri Simonsohn of Wharton and Leif Nelson of UC Berkeley in their paper “21 word solution.”

It’s a follow-up to their 2011 paper, “False Positive Psychology,” which uncovered many of the holes that exist in psychology research. One of the problems is “p-hacking,” or the practice of changing assumptions or data in an experiment to ensure that the probability (“p”) an opposite hypothesis (“null”) contradicts the research is below a certain level. Ultimately, “p-hacking” makes research less valid and increases the number of “false positives.”

Because of this, the authors put together a 21-word statement every researcher should use as a disclosure, which they hope will make the field of science more transparent:

“We report how we determined our sample size, all data exclusions (if any), all manipulations, and all measures in the study.”

The authors perfectly sum up the transparency problem with an analogy and a photo. Whereas coffee shops are required to label milk containers, scientists don’t have to “label their milk.” In other words, researchers don’t have to relay what data they started out with, whether they took observations out, or whether they’ve dropped things from their model:

P-hacking photo

The table below of simulated results from their earlier paper shows how much these! unrepor ted techniques can impact statistical significance:

Statistics table
The lesson? Look for disclosures in any scientific paper, and always be skeptical.

Read the full article here

NOW READ: 18 Tips On Making Smarter Decisions 

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Does it seem like this massive Mega-Millions jackpot is attracting a lot of Lottery players that you wouldn’t normally expect?

It’s not an accident.

In a 2002 Senior Honors Thesis at Harvard titled: Dreaming Big: Why Do People Play the Powerball?, Emily Oster produced these two great charts.

The first looks at per-capita sales of lottery tickets in poor neighborhoods. Each dot represents one drawing.

lottery

The second look at the same jackpots, but instead focuses on per-capita sales in rich neighborhoods.

lottery

The difference?

It is clear from these graphs that the poorest zip codes purchase more tickets at the lowest jackpot levels. However, at the highest jackpots the sales are about the same (slightly over $16 per capita in the poorest zip codes and around $17 per capita in the richest).

Basically, the poor play all the lotteries. The rich just go for the big ones, but when the big ones happen, they do it at the same level as the poor.

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